Santoyab9445 Santoyab9445
  • 01-08-2017
  • Business
contestada

A government wants to reduce electricity consumption by​ 5%. the price elasticity of demand for electricity is minus−0.5. the government must​ ________ the price of electricity by​ ________.

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BushraVibes
BushraVibes BushraVibes
  • 01-08-2017
(raise) (10.0%) those would be both your answers! :D

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FreshPrinxce
FreshPrinxce FreshPrinxce
  • 04-03-2020

Answer/Explanation:

The government mystery RAISE the price of electricity by 10%.

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